2009 Recap/2010 News: Omens Zilch, Mark Vaccine, Mother/Daughters, False/True Prophets, Van Impe, McGuire, WC, Sect Profiling, Antichrist, Nature, Health, $Econ, Crime, DHS, Wars
Prophecy’s Extra Oil 2009 Recap 48:
Economy In the News + 2010 News
©copyright 2009/2010 Bonita M Quesinberry
News: 01/08 to 01/12/10— There will be no 2010 news in the last 2 Recaps of 2009 Lawless and Wars that will follow this recap: we all need a break from the emotional and physical exhaustion everyone is beginning to feel. We know it is bad out there and worsening exponentially; for now, just checking our local evening news is enough. If anything major occurs in any of the 6 news categories, TSaS will get it to us. Now, the current 2010 news followed by the 2009 Recap on the Economy:
Mother/Daughters: US, DHS to include religious profiling in airports’ security [TSaS: watch for profiling to go beyond airports]; Senator wants focus shifted from economy to God and security; Afghan, Sunday Mirror (Catholic periodical) journalist killed by roadside bomb; Malaysia, Muslim extremists firebomb 8 Catholic churches, black graffiti on another, for using word “Allah,” Pope had Malaysia veto bill preventing non-Muslim use of Muslim word; TBN theme park “Holy Land Experience” Orlando, FLA, vacation for $3395 pkg incl airfare, hotel, park— park now hiring actors 18 to 80, modest pay, non-union, benefits, faith based, relocate to Orlando on your own, contact TBN [TSaS: another money maker for world’s false prophets]; Jack Van Impe, 01/11, more in control, wife Rexella spoke more than Jack, 7yr tribulation message still the same but could tell he was struggling to stay in control after last week’s fiasco of calling US big Satan and Israel little Satan;
——TBN: 01/08 Dr. Paul McGuire, books published, hosted by Dr. Clifton Davis on “Praise the Lord.” McGuire spoke about the Mark of the Beast, the Euro currency, one world religion, antichrist ‘man’ and what really matters in the end. According to McGuire, the Mark is not only a microscopic computer chip but also includes a virus, the combo injected beneath the skin like any ordinary vaccine— if a person is not Satan’s when injected, the virus will assure they convert to Satan’s way.
——But! “The one world union, one world government, one-world religion, and the antichrist ‘man’ must come before the marking begins; in other words, a counterfeit religion.” Leading up to these is the Euro, its intent to reduce the US dollar to zero, then the Euro becomes the one world currency reserve. Then Jesus will come, but McGuire is not sure how all of it will come about. He does know that people like himself who have researched prophecy for years, Clifton Davis, Hal Lindsey, and others like them are today’s prophets and, in time, will know how everything will happen.
——”But! First, the seven year tribulation has to begin and that hasn’t happened yet.” He went on to say, “Interpretation does not really matter; only faith matters. Right now, Jesus has been delayed so that every human can be saved. They have to accept Jesus because ‘you’ still can be saved because the last church age has not started yet.” Dr. Davis closed the broadcast by saying, “The year of 2010 is the year of blessings!”
—TSaS Note: Not one thing Dr. McGuire said made any sense, most of it patently untrue. First, he, as many others like him, declare the Mark of the Beast to be a computer chip beneath the skin; then added it will be microscopic within a virus (nanobot) injected like a vaccine. While some might buy into the microchip idea, no one should be able to accept that it will be forced upon God’s people, too; if, for no other reason than God’s people would refuse it. Inject us against our will? No way God would allow it. Second, what kind of virus could turn people from God to Satan? No such virus. Laodicea is the age in which the Saints cannot be deceived. God’s descriptions of the Mark and Seal are absolute logic: spiritual. Sunday’s prophets are all false.
——We already know the machine is in high gear creating a one world government, leader and religion. Apparently, they do not know a government will never come to total fruition; albeit, maybe they do. After all, McGuire said the tribulation has to happen first; he does not know it began in 1991— admission by omission? The one-world church is already in place (WC), though McGuire implied it was not yet he is a member by Sunday testimony, and its antichrist supreme leader is the Pope— God’s timing determined which Pope, in this case Pope Benedict XVII serves; albeit, until his death, Pope John Paul II served and was the one to watch in Philadelphia, very closely in Laodicea up to his death.
——The only reason the above ‘church’ came to full fruition is because God prophesied through John of an apostate church, apostasy having begun during the Apostles’ era and they warned of it. Prophecy always has been about God and Christ’s church, therefore spiritual, and the antichrist would be represented by a counterfeit. It is by this we know what are the Mark and Seal: first, because God told us what is His Seal and Satan, through his Queen Vatican, told us what is his Mark: the former is God’s Fourth Precept, the latter published, saying “the mark of its authority” is Sunday, a counterfeit to God’s Seal. By that information, we know that the Mark and Seal would be ‘seen’ only by a person’s behaviour, not some visible irrelevant something or other, not even a tattoo.
——As for Satan’s prophets, they are out there by the millions; God’s prophets are a few scattered around the world. Makes sense: Satan’s membership out numbers Christ’s membership. We are small; they are large. Volume easily deceives. The critical difference between Satan’s and God’s prophets is that God’s messengers not only do and teach His Law, they also know ahead of time how specifics will happen, approximately when, and have been telling the saints all along.
——Saints, do not be deceived. Satan may well have his minions produce such a vaccine with a microscopic chip or force tattooing; but, even if forced upon the Saints, it will have no affect on the Elect. Satan’s purpose for these absurd ideas is to convince those people who still have a foot in the world, the lukewarm, and he hopes the cold can be further fooled. A tangible vaccine/chip might explain to them why the Bible says the mark is in either the forehead or hand: the reason is spiritual, not tangible. Regardless, Saints know that God looks for His Seal upon our hearts and minds and in our behaviour, thus His Seal is in our forehead: behaviour matches belief. He looks for Satan’s mark the very same way: heart, mind and behaviour.
——”Interpretation of the prophecies does not matter.” Whoa! If that were so, God would not have His few prophets in the Philadelphia and Laodicea ages; and, Satan would not have millions of false prophets everywhere to distort interpretation. Besides, God would not have prophesied anything at any time. Interpretation does not matter? Does this not imply that God was simply spinning yarns and fantasy tales for entertainment? If they do not matter, then why did God bless those who read and “keep” (interpret and teach) the words of the prophecies? Not only is that an insult to God, blasphemy as it were, we heartily disagree and go for the blessings.
——To understand prophecy was and is critical to man before and since Christ, more so in the last two ages during which knowledge IS the extra oil for our lanterns as we await our Groom. Prophecy interpreted teaches us how to recognize God’s prophets, know the antichrist, spot false prophets, identify the Great Whore and her harlot daughters, find and understand the Beast’s Mark, and recognize the logic and necessity of God’s Seal. “For lack of knowledge, my people perish.” The Elect would be as deceived as the entire world is deceived today: ignorance and failure to heed God’s prophets is a self-proclaimed death sentence, not once but twice dead.
——”Only faith matters.” A lie by omission: Revelation says three times that it takes faith and obedience, faith and works; one without the other is dead, thus the person will perish forever. Faith and works reveal God’s true prophets, who function and teach both, and the true sheep, who learn and follow both.
Nature: Have you seen God’s weapons of war, against which man’s weapons are useless?
India, sub-zero freeze kills 204, flights/trains affected; IL, Evanston, signal lights LED, too cool to melt snow/ice, at least 1 traffic death, drivers cannot see lights; US, flight ground delays, cancelled across nation, at least 9 deaths, 100s auto wrecks; Kids break thru ice, 2 dead, 1 escaped; Snowmobiles break ice, family 3 dead, 2 w/mild hypothermia; SD –31, NB –21, TN, Memphis uncommon temp 0 to sub-zero; GA icy roads, 30-car pileup, minor injrs; Massachusetts, 6-alarm fire destroys Apts. 6 injur, others in shelters; NB, fire destroys shopping center, fire fighters say hard to work in 0-temps, water freezes instantly, gloves freeze/cannot move hands; TX, DFW 21-deg; AR, -1 deg; OK, -1 deg; N, E temps worse; Cleveland airport w/no power; ND schools closed, temp –32 deg, wind chill –50deg; FLA, Tampa 20-deg, Miami 22-deg; All fish die at Fish farm due to 4 days freezing; So. Fla animals suffering, zoos doing what can, rescues wildlife— iguanas fall from trees in suspended animation freeze, sea turtles/manatees rescued, honey bee hives dying/work to save queen bees; Fla.Keys to drop to 20-deg; Nation to warm up, CO, to hit 54-deg; W.WA, bands of rain, mild temps 45 to 57-deg thru Wed w/sun breaks, temps still as high as 58-deg, above normal by 15-25-deg; Mtn passes freezing rain, snow; Seattle, coyote attks small dog/critical condition; Germany, 100s trapped in cars in unrelenting blizzards; UK, Frank called from England, his area never has snow but snowed in now w/no equip or chemicals to clear roads, very bad all over Island; [TSaS: Thaws worldwide could bring massive flooding, mudslides, possible deaths] CA, 01/09 4.27pm, M6.5 violent quake 10mi deep off northern coast, nearest Ferndale, 33mi from Eureka, Ferndale 25K w/no power, 2 bldgs not safe, gas leak in Humboldt, advised to conserve water, otherwise minor damages/no deaths/injrys no tsunami alert, followed by more than 12 aftershocks M4.5 then less, still shaking Sunday— sign of more quakes to come say experts [TSaS: Recently reported one large quake sets of many others within hours and days];
Health: China, Gas leak kills at least 21; CA, Fuel tanker falls into 50-ft canyon, breaks up, driver trapped; World, a curative or seasoning of some kind used in meat, cheese, fish may be toxic, no other details; H1N1, CDC says still here, plenty of vaccine; CN, bus crash kills 1, injrs 2 adult/15 kids critical; TX, Austin running out of cemetery space; VP Biden 92yo mother died Fri; NJ, apprvs bill legalizing med. marijuana; Baseball’s McGwire admits to prior steroid use; WA, may vote to legalize med. marijuana;
Economy: US, Nov 11K job losses, 4K jobs created, Dec. job losses 85K, nationwide jobless 10.1%, under-unemployed 17.3%, 15.4M still jobless, more men jobless than women-cap closing; Horizon Bank 1st 2010 failure; Obama sets $2.3B for clean energy jobs; Obama wants bailouts re-“paid in full”; Gasoline up 14-cents gal in last week; Families with disabled members struggling after States cut health budgets; Scams, latest is birthday card includes “free” stuff, actually a time-share pitch or send money for gifts; Foot Locker closed 190 stores in 2009, now to close 117, cut +/- 100 corp jobs; Hanes pulls Charlie Sheen sponsorship; Alcoa posts small profit, below forecast; “Avatar” movie breaks all box-office records, rakes in $Billions worldwide 4th straight week; Toyota to expand Prius line; FED hiring 1.5M census workers, likely temporary; Some companies refuse to outsource to other nations; IN, Indianapolis WalMart, 3 shooters possible bank robbery, 1 in custody, 2 on run; UPS, ask 1K workers volunteer separation, will layoff 800 others, no facility closures; CA, Hawthorne, 3 rob insurance co, on run; State needs $8B Fed credit to train 150K workers, create 100K jobs, aid budget deficits—CA recovery critical to national recovery; Europe, 16 countries using Euro currency yet have 10% unemply rate; Egypt, new tombs found near great pyramids; Venezuela, forces to go after businesses that raise prices after drop of dollar value last week;
Lawless: US, ID theft was up 28% in 2008, greater in 2009-10; Drive by shooting kills police officer, mimics Seattle, WA killing; OH, 2-teen girls, abt 16/12, rob bank, on run; CO, a Mom missing 1mo, husband person of interest/will not talk, moving w/kids to WA family, go on w/life; OK, OKCity robbers assault 9yo daughter of restaurant owner; WA, Bellevue fire destroys home, Tacoma fire destroys home, Everett arson destroys restaurant— no injrs; 14 homes robbed in one Seattle neighborhood in 2wks; Marine kidnaps son, threatens wife, on run; Seattle home invasion, 2 killed/1unhurt, 3 perps on run; AZ, baby missing, arrst mom says she gave him away, told father she killed him; Italy, Rosano residents fire on black immigrant workers, caused fighting in streets, many injrd, 1K immigrants bussed out of town; Portugal, passes bill to allow gay marriages/adoptions;
Wars: No. Ireland, bomb explodes under car; NYC, 2 arrstd in city bomb plot, links to Al Qaeda; US, 2nd flt in 3 days escorted by fighter jets, unruly passngr; Waziristan, drone attk kills at least 4 Al Qaeda; Burma, court give 3 death for military data leaked to N. Korea; UK, France, Amsterdam to increase body scans on all US bound flights; UK, bans Islamist group; Russia, first Georgia landing since 2008 war; France, arrst/deport Islam extremist; DHS, to include religious profiling in airport security, scrambling to add more Air Marshalls; Greece, bomb explodes outside Parliament bldg, no injry; Africa, Angola, Togo football bus fired on, driver killed, 9 injr, pulled out of Angola tournament; Pakistan, 8 militants dead; Drone attk kills 5; Israel strike kills 3 Palistinians after they fired 20 rockets/mortars from Gaza; Afghan, roadside bomb kills Brit journalist, 1-US Marine, 1-Afghan soldier, 5 injrd; Iran, 30 mothers arrst at peaceful gathering; Professor/Scientist killed by bomb, suspect US/Israel; Malaysia, 8 Sun. churches firebombed for use of word “Allah,” another church painted w/black graffiti, Pope had court veto bill not allowing Muslim word use by non-Muslims; China, 30 injd in Hong Kong acid attack; Yemen, US will not send addl soldiers to aid, those currently in Yemen step up operations, did send security funds; Grinding poverty main Al Qaeda recruit tool; Algeria, militants kill 10; Philippines, 10s of 1000s police enforce ban on arms until after June 9, due to 2007 election in which rioters killed over 100, to prevent 2010 election deaths; India, violent riots erupt over boy killed by police; Peru, arrst 15 suspected drug traffickers; NASA to move forward with Mars exploration plans; MX, Top drug trafficker arrstd in Tijuana; Juarz, most dangerous city in MX, 2010/24hrs reaps 69 deaths, 620 in 2009;
06/06/09— Scientist said, “Earth is critically close to utter extinction; for the first time due to its largest species: mankind.” Now, for the 2009 Economy Recap News—
Economy: 2009 wild roller coaster ride to get wilder in 2010
04/18/09— WA, man w/10yo daughter in tow robs convenience store clerk at gunpoint. OR man demands bank teller’s $. (neither man w/criminal records, both long jobless) similar cases across nation. US declares economic crisis began 2008 (TSaS said 9/11);
05/30/09— US admits economic crisis began 9/11, “60 Minutes” expert guesses Obama’s plan to bring outsourced Amer companies home will cause nations to ban US products in their countries, badly reducing US sales, profit figures; return unlikely to improve economy or jobless; both 9/11 and results of Obama’s plan predicted in “Bind Up . . .” written in 1999; 2008 had 20% drop property values, greater in sales adds to huge foreclosure inventory reduces existing values, costs of 2002; Home sales up 2.9% May first time bargain buyers. Homes will become worth even less. Bank, credit card fees, oil, gasoline $ rising; Your home free/clear, sit tight; have mortgage, sell ASAP, pocket $; TX, not affected so far;
06/06/09— US, “Economic recovery by year’s end wishful thinking. Those who forget history make bad economic choices.” US Bond market steadily dropped; “China in ‘shock & awe’ of own dependence on US economy, China losing patience with US disaster and continued Middle-East wars. US [is beginning to] feel like an empire on the wane” like ancient Roman Empire. US auto empire fails, Ford, GM, Chrysler 2008 over 400,000 workers laid off, pay back bailout $ or buy back 60% FED ownership; 2900 dealerships closed to date, Chrysler to close 789, GM to close 2100/discontinue several popular autos; extraordinary increase in private sector bankruptcy filings; new filings expected to add 1.5M by end 2009; 5-States w/highest jobless to 26.9%: CA, AZ, MI, OR, LA, nationwide rising rapidly.
06/13/09—DC, 88yo James Von Brunn killed Holocaust Museum guard, wounded bystander, police shot Brunn critical, angry economy/Jews; Fiat/Chrysler dealerships closing: 100K jobless, 40K by plant closures; GM plant 21K jobless; no reports on Ford. US expected nat’l jobless avg be only 8% by Sept, May was 9.4%, highest in 25yrs, still rising; does not include f “under unemployed”; May loss of 345K jobs in misc mkts, number down from prior months, but not reflected in the President’s Tues statement; Nat’l College grads jobless avg 80.3%, WA 75%, no national Teen jobless avgs given, WA reported 24%; No States’ jobless figures gov jobs eliminated, despite Stimulus pkgs. May jobless benefit claims 601K, fewer seeking benefits; How much do these totals add to national 11.5M jobless in 2008—exceedingly worse than official reports, figures Biblical, “as never seen before;” yet, VP Biden said, “Signs of hope.” 37 US banks failed; May 3rd highest RE foreclosures; mortgage interest rates rising; US Dairy Farmers report losses of $100K a month in crisis-caused sales loss, despite FED aid; ALARM: auto dealership deals— consumers w/get deals-warranties honored, but trade-ins might not get paid off due to closures, buyer could owe for both old/new vehicles. Advice, “you sell your trade-in, pay cash down.” Fed to pay part of new auto purchases, $4.5K, new auto must be Cadillac, Dodge, Chev, Ford for at least $45K w/trade-in ’86+ get at least 18mpg or better. TSaS, recommend no new purchases of any commodity. Pres summer goal to create 600K jobs quickly by speeding up spending, noting he had created 100K jobs in first 100 days; create 3.5 to 4M jobs within next 2 years; Last 8mo 985K jobs lost May 2009, + “under unemployed.” Pres said, “Health care reform critical to US prosperity,” private net worths back to 2004 values; Christ’s sheep warned 36 years ago when I worked in bank industry, then again 1991, again 2001-2002 and again when “Bind Up” published 2003, and since warned continuously. God doesn’t lie; it’s all in His Word. 52-US States to raise individual/business State taxes a collective $24B; Still recommend homeowners sell while can; cash out all investments: stocks, bonds, real property, etc. “life-blood” commodities WILL zero: oil, housing, food, money, clothing, precious metals. SCAMS: mass mail outs by psychics, seers, astrologers promising, for a fee, to tell your future regarding $, what will happen if you fly; fake lotteries/vacation groups say you won huge $ or free vacation, send money to receive win, bogus telemarketing promising all sorts of things in return for your $;
06/20/09— Scams: Computer-generated calls from RON ZIMMER, maybe others, offer investment deals returning 40%; N. Korea floods US w/counterfeit dollars;
07/04/09— News reporters confused: Mar showed est. 11.5M jobless, yet date hereof reported “risen to 6.5M since 2007; CA, issuing IOU’s instead of checks; TX, now feeling home value drops;
07/25/09— Stock market steady decline, despite rises/falls, last week market daily rises, they will not last; Scams: on the rise, delinquent FED funded student loan, you get call from “collection agency” gets your checking account numbers, con you into allowing debit account monthly, Against Obama’s plan to forgive loans 20yo, older, if debtor in part of health industry, assist others delinquent, lg education grants not repaid;
08/01/09— Fla, Housing Mkt plunges, new $1M condos/high-rise going for $36K each if an investors buy entire buildings. Investors beware! TX, sees decline property values; nation lost 30% of millionaires/billionaires heavy losses since 9/11, %s will grow; Pres said, “Economic crisis far worse than anyone thought, will take longer to recover”; Scams: Young people going door to door w/sob stories, buy a number of magazine subscriptions, your right then, CNN said buyers never get mags, cons/scam artists coming out of woodwork like cockroaches, don’t buy thru door-to-door sales, don’t buy over phone-telemarketers, other sales pitchers, never give personal info over phone, collapsing economy bringing out worst of worst w/old schemes renewed, new ones added, goal is take what little you have; Honda massive recall of 3 models, faulty airbag deployment causing injuries, at least 1-death to date;
08/08/09— Contradictions blatant though surely unintended: i.e. CNN tickler said markets still rising at end of past week yet market window above showed dramatic losses; Scams: News overrun w/new cons hitting public, be on guard;
08/22/09— Oil prices surge to 10-month high; Stock Mkt wilder ride; Housing mkt still dropping w/rising foreclosures; Jobless rises more; Bigger companies look to bankruptcy; CA, to expand legalization of medical marijuana, tax to pay State deficit; FED, lobbyists urge Fed legalize drugs; Mega robberies, thefts, violent crimes increase daily, global economy; Global civil unrest w/large death tolls, occurring in more nations;
08/29/09— Boeing lays off more, jobless increases, sm companies close down or now in bankruptcy (add to large companies folding); Scams increase, another automated call “Ron Zimmer,” offers 40 to 60% returns IF you have $25K assets to liquidate now to invest, do not be deceived/don’t “press 1”; Venezuela considering decriminalizing private marijuana possession/use to earn money for nation; Mega robberies, thefts, violent crimes increase daily across globe, one US bank robber boldly faced cameras unmasked (still on loose, still robbing); Global civil unrest spreading to more nations, including US;
09/05/09— US jobless rate 26-yr high~ 9.7% (not include under-unemployed, % greater than any in US history); Back-to-school sales fell far short of norm; Homeowners frustrated w/mortgage aid program; China economy rose due to gov spending, then 7% market dive; US stocks in steady drop despite short rise, claim stocks “poised to rise;” Gov to hire 270K for “mission critical” jobs, meaning unknown; Halts aid Honduras; Eases Cuban embargos; CA to release 27K prison inmates to aid economy, avg 70% likely to re-offend; Desperate-for-$ people selling own vital organs for transplant; Fed officials claim economy on upturn; Home Depot sales fell 8.5% due to failing housing industry; Experts say “consumers must spend more for economy to improve” statement puts onus on people instead of gov over-spending, waste + greed;
09/12/09—20G group 20 most economically powerful nations in world to decide economic solutions; US Fed’s say 7.4M unemployed; Wall St. Experts say diseased by recklessness/greed, market still down, experts say losses outweigh earnings; Banks 5 more US fail 2009 total 89; GM offers money-back guarantees; SC, Boeing votes out union (smart); DOT.com Multi-$M Josh Harris living in friend’s pool house and driving borrowed Corvette; Nigeria, 4 bankers chgd w/corruption; Lending rate @ record low; Only 12% of borrowers helped by Obama plan; Turkey fines Media firm $2.5M; US people panhandling for jobs; FLA second highest foreclosure rates; mortgage payments lagging, more foreclosures expected; number uninsured US rising fast; Gold rushes up + $1000 per oz. (don’t be deceived, it will fall to zero); Guatemala emergency critical food shortage; Taiwan, former pres convicted corruption;
10/01/09— US, coroners report unclaimed bodies piling up in freezers, people unable to pay for funerals + cities’ budgets tapped out for pauper burials; coroners said they’d never seen anything like it; death tolls rising out of economic/discriminatory rage played out in US streets/worldwide, reports say lack of “money greatest global stressor”;
10/03/09— Unemployment, underemployed 26M or about 18%, expected to continue rising well into 2016; More people losing homes;
10/06/09— US Bank failures top 98, month ago 89; Bailout Cop, “Treasury lied to save economy.” Michigan highest, No. Dakota lowest unemployment, latter is Bobcat home bght by Korean Co., sales slump, some layoffs, few call backs;
10/08/09— FED mortgage stimulus helps 500K debtors keep homes; Detroit, 50K swarm gov office for Fed $-help, only 3500 applications, police break up fights, people faint; US Dollar declines, consider dump dollar, push for International Reserve Currency (Euro?); Expert says, “The dollar declining means a nation declining.” Dell to layoff 905;
10/12/09— Gasoline falls below $2.50 gallon; Insurance industry threatens premium increases up to $1700 per year family of 4 as much as $600 for one person, effort to thwart Health Care Reform; Airlines to cut holiday airfares lower than last year; By 2009 end, 1.4M will lose jobless benefits, Fed considering extension;
10/17/09— Obama, suggests another $250 stimulus seniors/elderly on SS, no 2010 cost-of-living increase; Foreclosure frenzy highest last 3 months than ever in history, avg 1 of every 24 homes lost by mostly unemployed middle-income; Bank of America, $2.2-B loss, CEO no 2009 bonus; UN world 1B hungry; Africa, 11.6M homeless to conflicts;
10/20/09— FDIC, bank 99 fails; Bank of America might file bankruptcy; Biggest US deficit since 1945; Housing values drop again, sales not as expected; Wall St. slammed for giving bonuses; Insurance Companies mislead public re: Health Reform, raise premiums, employees will suffer most; Health Reform cost about $8.29-billion a year, $829-billion over 10 years; Falling $ boosts import demand = economic + by companies making investments; Holiday airfares rise with added surcharge on peak flights, bookings falling off; India’s first priority—poverty at home; Seattle county to cut budget 80% in Human Services (child/domestic abuse, sex abuse, suicide prevention), HS says won’t survive on 20% budget; NY Times cuts 100 jobs; States can’t afford death penalties;
10/27/09— FDIC, 7 more banks fail last 3.5 days, 2009 total 106, “at risk” list 100s more; Visa issues new cards yet old ones not expired in order to change terms; Sin city Vegas, homeless live in tunnels beneath its glitz and $ mega-billions; INDIA, desperate farmers sell wives & daughters to pay debts, India Gov— results are 1.3-million child prostitutes, Hillary Clinton— human trafficking worldwide problem even in US; Seattle, to replace crumbling Viaduct with twin tunnels, cost multi-billion $; US dozens of States await Fed $ for hi-speed rail, “just a good start” cost $150B; FDA wants $4B more to hire more field inspectors to halt food-born ecoli; Housing values will drop another 11% by year-end; Mortgage rates at 5% APR 6%; Tax credit $8,000 for first time buyers, buyers who have not owned a home in 3 years or more ends in Nov 30; “Tax Credit creates false demand, costs all homeowners about $43K in taxes yet property values dropping”; “Housing market must get better before economy can recover”; Jobless figures still rising; US Recession kills death penalty, $ too high, not a crime deterrent; Avoid investment scams of “offshore banks,” false fronts, returns too good/not true;
10/31/09— Detroit: medium home prices $65,000; TX: mansions for as little as $40,000~~ “home pending sales still rebounding” a contradiction, “New home sales surprise drop”, new buyer $8k tax credit extends into 2010; Smart Meters, elec, 18-mil homes to receive; Smart Grid, nation to expand elec grid for control, clean energy, create 1000s new jobs, Fed grants $3.4-billion, companies match w/$4.7-billion; Plasma TVs biggest electric users, new flat screens better; Democrats push for green energy bill; Bailouts save 640,000 jobs; GMAC seeks 3rd bailout; GM, former plant to make electric cars, Obama wants 1-mil hybrids on road by 2016; WA, town spends $-millions yearly on lighted animated holiday scenes displayed along roads (what about homeless, hungry?); Chicago, protesters crash Bank Convention for bad use of bailout $-billions; US Samoa, wastes tsunami warning funds; China to buy Volvo; Versace cuts staff by 25%; 15.1-mil Jobless now tapping into 401Ks; Boeing Dreamliner moves to SC, cost 4000 Seattle jobs; BP faces record $87-mil fine; FED, House Ethics panel to investigate CA Democrats, 30+ Republicans face ethics probe for accidental document disclosure; Hidden “nickel/dime fees/surcharges cost each consumer $1K to $2K per year;
11/02/09— Bailouts create 640K jobs? “Cannot say if numbers are new jobs or jobs revived”; US Samoa, wasted tsunami warning funds reveals great damage, deaths but not reported in 7.0 quake/tsunami weeks ago, US aid still not received; US, 9-banks fail in major Holding Co., total 125-ytd; Jobless, last report 1.5M, not include newly jobless 1M = 2.5M to date, contradicts w/over 12-mil months ago; citizens asking, “Where are the jobs?” OBAMA warns of more job losses to come; Chrysler to layoff 23K more, spends $37M ads for buyout employees’ stock; Toyota, Lexus– largest auto recall in US history, 4M cars; Ford reports $1B profit; CIT, lender to sm-med businesses, Chap. 11 bankruptcy to reorganize, largest in US crisis; Colleges, 23 pay $1M annual to pres; Rbt. Shiller, Yale economist, “Difficult to predict outcome of rare global economic crisis.” Martin Wolf, “Financial Times” said, “While FED Bernanke at first was wrong a few years ago, he was first to realize the crisis severity [printed more money to save Banks].” Shiller “Financial institutions need to restrain from giving huge CEO bonuses in order to defuse people’s anger. We don’t want an economic system with an attitude of “winner-take-all” resulting in riots and runs on banks that happened during the great depression.”
11/07/09— PA transit workers strike; Johnson/Johnson to cut 8000 jobs; MicroSoft to cut 800 more jobs; Warren Buffet firm buys Burlington Northern Railway for $34B bet on econ upturn; US Kids, 50% to age 20 on food stamps, 90% black children~~ low income, jobless; UK, Qatari firm buys US Embassy London building; Credit Card comp raising rates, House speeds up credit card reform; Boeing, RyanAir demands price cut or cancel orders; WA, capital Olympia to cut 27 jobs to reduce deficit; US, 2009 job cuts to exceed 2008 losses; Bankruptcy, 9% surge personal filings; Wall St. on roll triple-digit rises still on roller coaster; HUD, Fannie Mae reports $19-B loss in bad loans; House extends jobless benefits/first time home buyer tax benefit into 2010; US jobless hits 10.2%, under-unemployed not included; British Airways reports record losses; FORD profit due to reorg, cut exps, cut jobs, “way ahead of game compared to other makers”, Ford to introduce inflatable seat belts; GM cancels sale of Euro arm Opal, German Gov wants $-B loans paid; AUTO sales Oct~~ GM up 5%, Ford up 3%, Chrysler down 30%; Chrysler drops Viper, Fiat new design by 2014, finan crunch halting new dvlpmt; US Vendors look to Cuba’s markets; Rush Limbaugh accuses Obama destroying US econ; actor Ted Danson accuses Limbaugh/Religious Right (extremists) exploiting fear; TSaS affirms that God does not give a spirit of fear to His people, only upon wicked in days of His wrath; NYC, billionaire Mayor Bloomberg spends $100M own money win 3rd term; Obama, “schools perform poorly w/be shut down”;
11/14/09— US experts say full blown depression, FED cracks down on bank overdraft fees, 3 large comp cut jobs by 1200, 1500, 2500, all US States cutback more Gov jobs yet approve tax hikes, 10-States face massive budget shortfalls; NV, statewide 42% children homeless, 5K in Las Vegas; Panic amidst jobless, make reckless $ decisions, men killing entire family/self across US; Chase Bank to hire 1200 loan officers; Banks, 5 more fail, big banks in no rush to pair up; Obama visits 4 Asia nations to discuss economy, global climate change;
11/21/09— AOL to cut 1/3 work force; China, “9K suspects. 4,800 arrsts, $200M in assets seized;
11/24/09—“Economy not as strong as believed,” people deadly panic mode, 29 States’ job loss rates climbing;
11/28/09— US, 1 of every 4 home mortgages exceed value, “under water”; Banks, “at risk” hits 552; Jobless, real rate 17.5%;
12/01/09— Dubai market drops 7%, debt may hurt US banks; Obama to push banks to aid default homeowners; FED eliminates $25B AIG debt, stock drops 15%;
12/04/09— Cuba, economy cuts stop food subsidy for poor (like US food stamps); US, Black Fri sales fail to boost profits, businesses skittish about hiring, make do w/less staff; Bank of America to pay back bailout $B;
12/08/08—2009 Bank failures 130 to date; Congress to extend jobless benefits 2mo 2010; Gold value falls 4%— months ago, based on God’s prophecy TSaS advised: 1. Do not count on buying gold for currency against global economic collapse. All who bought gold lost $, value will continue up/down on fiscal roller coaster. 2. Homes: paid-in-full sit tight OR mortgaged sell fast— Fri 12/04 CNN economic advisor says, “pay-off mortgages, if possible, do not re-finance.” TSaS on free/clear homes advises: get reverse mortgage to get $ out of home while living in it, 2yrs is little time left; Banks set to eliminate new home bldg credit lines, w/give credit line if cash collateral used to assure repayment; TARP (Troubled Assets Relief Program) to shave costs of $700B bailouts by $200B, est 11 banks set to repay, TARP expected loss of $341B over next 10yrs but Bernanke says now w/earn profit; Obama to use extra $200B to create jobs; US nat’l debt $9T, incr $1T per year; Brazil, US bust Visa fraud ring; Geo. Wa. Letter sold for $3.2M; Space Trip, private rocket, first flight 65mi space set for 2011, tickets cost $200K ea;
12/12/09— US, House passes $447B Fed spending bill; 2009-Home values drop +$500B; Crisis update 12/08/09: Fed speaks out of both sides of mouth in 1 news hour, “It’s worse than Great Depression” then “The Recession improving.” Less than 2mo ago, economy reported “full blown depression.” God says, “Greatest Depression.”
12/15/09— US, Obama to give sm business tax breaks; Homeowner cash incentives make homes energy efficient; 2009 Bank failures 133; 2008 REvalue loss $3.6t, + over $500b 2009 = $4.1T loss in 2yrs; Jobless rate bad; Sudden jump in jobless claims; XTO sold to Exxon-$41B deal; Bankers called to White House, Obama: “Nothing is free. You took bailouts but decreased loans to small businesses, gave Fat Cats bonuses. You owe taxpayers. It is time to help the people! We expect you to help us rebuild.” Goldman Sachs, Morgan Stanley, Citicorp “no shows”; TARP deals: Citicorp strikes $25B-pay back-got $30B, Wells Fargo $20B-pay back, (Bush admin formed TARP to bailout banks, Obama made transparent); GM to pay back bailout early; 50% Amer. spend less on gifts; CNN emails rcvd: “Obama working man’s president”—”Feds say recession over; not ’til I have a job!” Indonesia, anti-corruption protests;
12/19/09— FED, OKs $154B jobs bill; w/pass $636B defense budget; Buyers get 2% home loans; LV casinos close room wings, layoffs, due to 5% visitor loss; 13% jobless, 30% loss home values; Bet on + $Crisis is new lrgst casino City Ctr 67-acres w/4K rooms; John Mack refuses Morgan-Stanley bonus; Russia, economy reformer dead; British Air judge halts strike; Google, Bing drop Yahoo!;
12/22/09— Retail stores hope Sat best, busiest shopping for profit margin, 47% shoppers not finished for Xmas, E/NE sales down 40-80%; Citadel Broadcasting radio files bankruptcy; 60 Min. reported “Recession, Depression worse than Great Depression, now called Great Recession, US Jobless 17%; Toys for Kids when hunger reigns; Gas at pumps falling; Cuba, accuses US trying to destabilize China;
12/26/09— New home sales -11.3%, used home sales +7.4%; 30yr loans 5%, values still drop; Mkt closes +, but yr peak way below peaks prior to recession, Wall St gains but Main St losing; FED, Expect job increase by spring 2010; Consumer spending up Nov-Dec, expect sudden drop after Xmas; Senate apprvs incr debt limit by $290B; UK, Prince William spends night on streets to learn what homeless teens go through; LA, Baton Rouge post office, wheel chair gunman held emplyes hostage, after 9hrs surrendered; NY, NYU employee stole $409K over 5yrs; TX, San Antonio, Xmas eve bell ringing Salvation Army Maj. shot/killed by man w/kids in front of store, police seek man;
12/29/09— US, vendors extend Xmas returns to 31 Jan, anything bought in Nov-Dec except computers; Airlines’ stocks drop to terrorist attempt; Banks to tighten belt more 2010; Nov-Dec 2009 spending up 1.0% over terrible 2008 drop, stores had bigger sales less inventory, Online sales up 15.5% over last season but only 10% of all sales, after Xmas sales good; 2009 Consumers pd $10B interest on credit cards; Credit Unions duke it out w/Banks; Bad news: housing prices flatten; Wall St, admits greatest loss ever in 9/11/2001 still not recovered; Stocks 6-day win falls;
12/31/09—US, New millennium 2000 abt Y2K but decade abt tech advances/FaceBook 350M users, greed, housing mkt collapse, big businesses bankrupt, unemployment 15M, Dollar weakens in yr end trade—experts say decade defined by tech advances (TSaS says defined by collapsing global economy); Housing, 10yrs no gain in prices; GM recalls 22K Corvettes; GMAC (GM lending arm) gets $4B 3rd bailout = $17.3B bailouts, Gov now owns 56% stock; US, Oil prices dip ahead of inventory rprt; Mass Senator pushes for investment tax (reminds of JFK campaign speech); Nokia escalates Apple patent battle; Ins, term life cheapest/best way to go; Tiger Woods, backers shareholder losses $12B in Woods sex scandal; WA, King County budget cuts 1-day month, less pay for 1000s workers but glad to have job;